What are the different types of commercial real estate?

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate . However, there are three main categories that you are most likely to come across: office, retail, and industrial space . Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Draper commercial real estate market incorporates 5,523,797 square feet of office space across 86 buildings. Office buildings can also accommodate coworking spaces , which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Draper commercial real estate market includes 1,866,185 square feet of retail space in a variety of settings. Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Draper market, there is a total of 3,359,950 square feet of industrial property.

What types of commercial real estate are available in Draper, UT?

The largest share of commercial real estate space for lease in Draper is represented by Office space , which accounts for 1,506,936 square feet of available listings. Retail space available in Draper adds up to 27,963 square feet.

What factors affect the price of commercial real estate in Draper, UT?

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

What is the average rent for commercial space in Draper, UT?

The average rent for commercial real estate space listed for lease in Draper is $27.8 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Draper can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

What are the best areas for commercial real estate in Draper, UT?

The best choice of location for commercial space depends on the factors that are most relevant to your business. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type. As such, there are several areas that you could consider to be the best location for commercial real estate in Draper, depending on the property type you are interested in. Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

How do I find a good commercial real estate broker?

Whether or not leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker . In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market , the property type you need representation for, and will handle negotiations on your behalf in your best interest. To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker . Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests. CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

What is the most profitable commercial real estate?

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $38 per square foot. In particular, the property type commanding the highest lease rates in Draper was Office space.

What is the average size of a commercial property in Draper, UT?

The average size of a commercial property in Draper depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use: In Draper, the average size of an office property is 76,719 square feet. Retail properties here incorporate an average of 103,677 square feet. Industrial space in Draper is in buildings that are, on average 159,998 square feet in size.

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134 Commercial Real Estate Listings in Draper, UT

Wadsworth Business Park B

66 E. Wadsworth Park Dr., Draper, UT
For Lease

$26.50/SF/YR
Property

Office

67,077 SF
Availability

1 Space

20,123 SF
Year Built

1998
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Vista Station - 12884 South Frontrunner Blvd

12884 South Frontrunner Blvd, Draper, UT
For Lease

$25.00/SF/YR
Property

Office

125,000 SF
Availability

3 Spaces

78,078 SF
Year Built

2016
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Vista Station - 380 Data Drive

380 Data Drive, Draper, UT
For Lease

$26.00/SF/YR
Property

Office

125,000 SF
Availability

2 Spaces

37,523 SF
Year Built

2015
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Wadsworth Office Park

66 East Wadsworth Park Drive, Draper, UT
For Lease

$26.00/SF/YR
Property

Office

71,232 SF
Availability

2 Spaces

46,954 SF
Year Built

1998
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The Pointe IV

25 E Scenic Pointe Dr, Draper, UT
For Lease

Contact for pricing
Property

Office

118,972 SF
Availability

3 Spaces

78,259 SF
Year Built

2012
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Draper Peaks

111 East 12300 South, Draper, UT
For Lease

Contact for pricing
Property

Retail

227,500 SF
Availability

2 Spaces

6,688 SF
Year Built

2004
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Divvy HQ

13707 South 200 West, Draper, UT
For Lease

Contact for pricing
Property

Office

150,000 SF
Availability

1 Space

7,500 SF
Year Built

2020
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The Interchange at South Valley

67 West 13490 South, Draper, UT
For Lease

Contact for pricing
Property

Office

120,960 SF
Availability

1 Space

8,500 SF
Year Built

2012
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Offices on Fort

12587 S Fort St, Draper, UT
For Lease

$895.00/MO
Property

Office

3,573 SF
Availability

2 Spaces

280 SF
Year Built

2022
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13827 Sprague Lane
The Roost
13827 Sprague Lane #210, Draper, UT
Services

Meeting Room

Private Office
Amenities

High-speed wifi

Projector

TV/Monitor

White boards
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Draper Land Lease

642 & 670 W 12300 S, Draper, UT
For Lease

Contact for pricing
Property

Other
Availability

1 Space

1.8 Acre
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Baltic Pointe

14761 S Future Way Draper, Draper, UT
For Lease

Contact for pricing
Property

Office

130,000 SF
Availability

4 Spaces

80,130 SF
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Medical Suite | For Sale | Owner User or Investment Lease Back

96 E Kimballs Ln, Draper, UT
For Sale

$5,310,000
Property

Office

9,256 SF
Year Built

2015
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Draper Corporate Center

173 W Election Rd, Draper, UT
For Lease

Contact for pricing
Property

Office
Availability

1 Space

72,236 SF
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13894 South Bangerter Pkwy

13894 South Bangerter Pkwy, Draper, UT
For Lease

Contact for pricing
Property

Office

25,000 SF
Availability

2 Spaces

1,300 SF
Year Built

2017
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Pony Express | For Lease

12894 Pony Express Rd, Draper, UT
For Lease

Contact for pricing
Property

Office
Availability

1 Space

5,506 SF
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Irvine Office Park

344 W 13800 S Draper, Draper, UT
For Lease

Contact for pricing
Property

Office
Availability

1 Space

26,424 SF
Year Built

2020
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Indigo Tech Center

14203 S Minuteman Dr, Draper, UT
For Lease

Contact for pricing
Property

Office
Availability

1 Space

2,613 SF
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Minuteman VI

13893 S Minuteman Dr, Draper, UT
For Lease

Contact for pricing
Property

Office
Availability

1 Space

64,611 SF
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The Campus | For Lease

583 eBay Wy, Draper, UT
For Lease

Contact for pricing
Property

Office
Availability

1 Space

102,571 SF
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Lone Peak Retail Center

196 W 12300 S, Draper, UT
For Lease

Contact for pricing
Property

Retail
Availability

1 Space

5,000 SF
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1-800 Contacts Building

261 W Data Drive, Draper, UT
For Lease

Contact for pricing
Property

Office
Availability

1 Space

11,216 SF
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Rare Draper Commercial Lot

11761 S 700 E, Draper, UT
For Sale

$2,490,000
Property

Other
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Bach Commons | Suite 101

11650 S State St, Draper, UT
For Lease

Contact for pricing
Property

Office
Availability

1 Space

5,533 SF
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13867 S Bangerter Pkwy

13867 S Bangerter Pkwy, Draper, UT
For Lease

$26.50/SF/YR
Property

Office

22,500 SF
Availability

2 Spaces

9,000 SF
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Draper Crossing

62-64 East 12300 South, Draper, UT
For Lease

Contact for pricing
Property

Retail

2,450 SF
Availability

1 Space

1,920 SF
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